close

News WrapGet Handpicked Stories from our editors directly to your mailbox

Direct Tax Collections

Direct tax collections surge 15.7% to Rs 6.75 lakh cr in April-November

Refunds worth Rs 1.23 lakh crore have been issued in the eight months of the current fiscal, which is 20.8 percent higher than refunds issued in the same period last year.

Dec 10, 2018, 12:52 PM IST

Direct tax collections to exceed target this fiscal: CBDT chief

This year so far 6.02 crore ITRs have been filed with the Income Tax Department.

Nov 15, 2018, 13:57 PM IST

Direct tax collections till September at Rs 5.47 lakh crore

The net Direct Tax collections represent 38.6 percent of the total Budget Estimates of Direct Taxes for FY 2018-19.

Oct 04, 2018, 12:52 PM IST

Direct Tax collections for FY 2017-18 show growth of 19.5 percent up to February 2018

High growth was recorded in corporate and personal income taxes.

Mar 08, 2018, 22:47 PM IST

Direct tax collections grow 18.2% to Rs 6.56 lakh crore in April-December

The government estimates to collect Rs 9.80 lakh crore from direct taxes in the current fiscal.

Jan 09, 2018, 11:27 AM IST

Direct tax collections grow 14.4% to Rs 4.8 lakh crore in April-November

The government estimates to collect Rs 9.80 lakh crore from direct taxes in the current fiscal.

Dec 09, 2017, 16:18 PM IST

Direct tax collections jump 16% to Rs 3.86 lakh crore till September

A Central Board of Direct Taxes (CBDT) statement here said the collections for the period April-September amount to 39.4 per cent of the total budget estimates of direct taxes for the current financial year.

Oct 11, 2017, 18:03 PM IST

Direct tax collection up 19% in April-July at Rs 1.90 lakh crore

Collections of direct taxes, which are made up of personal and corporate taxes, soared to Rs 1.90 lakh crore in April-July, an official statement said here.

Aug 09, 2017, 19:21 PM IST

Income tax mop-up begins on strong footing, up 26.2% till date

Net income tax collection till June 15 grew at a healthy 26.2 percent to Rs 1,01,024 crore from across the country as of June 15 from Rs 80,075 crore in the year ago period.

Jun 17, 2017, 10:56 AM IST

Budget: FM may cut taxes, lack of indirect-tax data may make it tough

Finance Ministers usually weave around their welfare spending proposals based on projections of direct and indirect tax collections in the fiscal.

Jan 26, 2017, 15:37 PM IST

Direct tax collections till September grow 9% to Rs 3.27 lakh crore

Direct tax collections during the six months ended September grew about 9 percent to Rs 3.27 lakh crore, buoyed mainly by personal income tax mop-up.

Oct 10, 2016, 21:34 PM IST

Direct tax mop-up jumps 24% to Rs 1.59 lakh crore in Apr-Jul

Direct tax collection registered a growth of 24.01 per cent to Rs 1.59 lakh crore during the April-July period of the current financial year.

Aug 09, 2016, 20:56 PM IST

Squeeze parallel economy in a fair manner: FM to taxmen

Jaitley further said that improvement in tax collection will increase the ability of the government to step up spending on social and infrastructure projects.

May 25, 2015, 13:00 PM IST

We expect a growth of 14-15% in direct tax collections: FM Jaitley

While addressing the conference he said that we have to bring tax rate at global level while t the same time removing the exemptions.

May 25, 2015, 11:23 AM IST

Direct Tax collections marginally short of target in 2014-15

Direct tax collections touched Rs 6,96,200 crore during 2014-15 despite difficulties on the economic front, marginally falling short of the target.

May 05, 2015, 16:26 PM IST

Direct tax collections rise 5.67% during Apr-Nov

The government's direct tax collections during April-November of this fiscal rose 5.67 percent to Rs 3.29 lakh crore over the same period a year ago.

Dec 23, 2014, 19:01 PM IST

Direct tax mop-up up 13.27% in Apr-Jul to Rs 1.57 lakh crore

Gross direct tax collections rose 13.27 percent to Rs 1.57 lakh crore in the April-July period.

Aug 07, 2013, 15:37 PM IST

Direct tax collection rises 6.7% to Rs 1.11 lakh crore in Apr-Jun

The gross direct tax collections during April-June quarter this fiscal increased marginally by 6.77 percent to Rs 1.11 lakh crore due to slowdown in economic activities.

Jul 05, 2012, 22:31 PM IST

Net direct tax collections rise 7-fold in April

The net direct tax collections rose to a whopping Rs 14,812 crore in April this year, a seven fold increase compared to the same period of last fiscal.

May 16, 2012, 19:33 PM IST

Direct tax collection up 14.54 % at Rs 3.97 lakh cr in Apr-Dec

Direct tax collections during April-December this fiscal were up by 14.54 percent at Rs 3,96,529 crore over the corresponding period last fiscal, mainly due to an increase in corporate tax mop-up.

Jan 04, 2012, 19:21 PM IST